Ukraine's Finance Ministry Releases H1 2026 Financial Report
Ukraine's state budget general fund received 1.898 trillion hryvnia in the first six months of 2026, with 541.8 billion hryvnia collected in June alone, according to the Ministry of Finance. Total revenue across all funds reached 2.52 trillion hryvnia during this period, while cash expenditures amounted to 2.83 trillion hryvnia. These figures highlight the ongoing financial pressures and external support shaping Ukraine's fiscal landscape.
June 2026 revenue included:
- Value-added tax (VAT) on imports – 60.2 billion hryvnia;
- Personal income tax and military levy – 37.4 billion hryvnia;
- Dividends and portion of net profit – 36.5 billion hryvnia;
- Excise tax – 28.8 billion hryvnia;
- VAT on domestically produced goods – 27.2 billion hryvnia (with 21.2 billion hryvnia refunded);
- Rent payments – 6.7 billion hryvnia;
- Import and export duties – 6 billion hryvnia;
- Corporate income tax – 5.6 billion hryvnia;
- International grant assistance – 319.7 billion hryvnia.
Combined revenue for the general and special funds in June 2026 totaled 678.5 billion hryvnia.
Overall Revenue and Expenditure Overview
For the first half of 2026, total revenue comprised:
- 318.2 billion hryvnia from VAT on imports;
- 204.9 billion hryvnia from personal income tax and military levy;
- 186.4 billion hryvnia from corporate income tax;
- 160 billion hryvnia from VAT on domestically produced goods;
- 152.4 billion hryvnia from excise tax;
- 46.6 billion hryvnia from dividends and net profit shares;
- 31 billion hryvnia from import and export duties;
- 26.6 billion hryvnia from rent payments;
- 569.6 billion hryvnia from international grant assistance.
Transfers of a portion of the National Bank of Ukraine's profits in April and May 2026 amounted to 146.1 billion hryvnia.
Revenue from the unified social contribution (USC) to pension and social insurance funds reached 370.7 billion hryvnia in H1 2026, with 69 billion hryvnia collected in June. Cash expenditures from the general fund for the first half of 2026 stood at 2.23 trillion hryvnia. These figures underscore the financial dynamics driving Ukraine's state budget in 2026.
Quote: 'State budget revenues reflect a resurgence in economic activity and continued support from international partners.'
These indicators point to substantial state budget inflows, likely tied to an uptick in economic activity and sustained backing from global allies. The high volume of international grant assistance signals ongoing external financial support, a critical factor in stabilizing the country's budget metrics. Meanwhile, rising cash expenditures may reflect the need to cover social costs and sustain the economy amid persistent challenges. This underscores the importance of closely monitoring Ukraine's fiscal situation to gauge future economic and social developments.
As the financial landscape continues to evolve, understanding the trends in revenue collection is crucial. For instance, earlier this year, state budget revenues reached 1.36 trillion hryvnia over the first five months, reflecting the ongoing challenges and dynamics within Ukraine's economy. This context helps to frame the current budgetary developments and their implications for the country's fiscal policy.